Should Smokers Get Life Insurance?

Well most people would say that the answer to that question is self evident. Of course! Most smokers however shy away from purchasing life insurance for a number of reasons. Not least of all because of the high cost and maybe the medical. Let us show you how to get affordable online life insurance for smokers policy.

Term Life Insurance for Smokers

Most people wen they think of buying life insurance consider purchasing Whole Life or Permanent Life as it is sometimes called. This is a great policy. It covers you for life and depending on the type of policy taken out can build up a cash value that can accessed if required. It does not expire (providing you pay your premiums) and therefore does not have a renewal cost at a higher premium. The downside to this type of policy can be the cost of the premiums which can put people off.

Term life Insurance was introduced relatively recently (in the history of life insurance) and provides life insurance cover for a period of time, the term. As there is a fixed lifetime to the policy and no build up of cash value, the policy is relatively inexpensive. This is great news for smokers as the hike in premiums you can expect for being a smoker are reduced due to the use of this term life type policy.

Compare the quotes and save

Buying Life Insurance or shopping for Life Insurance should be treated no differently than shopping for new clothes or any high ticket item. Instead of walking around shops comparing prices, look online and compare the prices from different insurers active in your location. This is very important step, especially for smokers seeking life insurance. Without comparing how will you be able to compare your savings?

It is possible to purchase affordable life insurance for smokers. There are a number of options available and typically it does come down to cost. Look at the options and decide what is best for you. Remember that having no life insurance is not the best policy!